Author: Noel Wandera

Experts warn of loopholes in budget policy statement

Reading Time: 2 minutes The budget policy statement (BPS) currently in Parliament which shows Kenya Kwanza’s bullish approach to tax collection is already raising […]

Why strengthening shilling will slow flows from the Diaspora

Reading Time: < 1 minute Kenyans in the diaspora sent home a remarkable $412.4 million (Sh60 billion), significantly impacting both the real economy and the […]

Treasury to spend Sh2.9 trillion on recurrent costs

Reading Time: 2 minutes The Kenya Kwanza government has unveiled its fiscal blueprint for the year 2024/25, presenting a National Budget, inclusive of Appropriation-In-Aid […]

Kenya raises Sh241b in oversubscribed infrastructure bond

Reading Time: 2 minutes The government has raised Sh240.9 billion in the latest infrastructure bond issued by Central bank of Kenya (CBK) which has […]

BAT reports 18.8pc drop in net profit

Reading Time: 2 minutes BAT Kenya’s net profit for the financial year ended December 31, 2023, dipped by 18.84 per cent to Sh5.6 billion […]

CBK buys dollars to curb shilling volatility

Reading Time: < 1 minute Central Bank of Kenya has stepped in to curb exchange rate volatility by buying US dollars, even as the Kenyan […]

Kenya’s new Sh234 billion Eurobond divides opinion

Reading Time: 3 minutes Opinion is divided over Kenya’s issuance of the Eurobond 2024, timed amidst the anticipated US Federal Bank (Fed) rate cut […]

Central Bank ready to support the shilling

Reading Time: 2 minutes Central Bank of Kenya (CBK) has reaffirmed government’s commitment to a market-determined exchange rate, with a readiness to intervene during […]